Warana-.Agro Pvt Ltd And Anr vs Sadashiv Shankar Patil & Ors
- CitationCompany Appeal (AT) No. 339 of 2018
Ratio decidendi
The rule this decision rests on
The Appellate Tribunal's power to condone delay in filing an appeal under sub-section (3) of Section 421 of the Companies Act, 2013 is limited to a further period not exceeding forty-five days beyond the forty-five-day period prescribed for filing; where the delay exceeds that outer limit, the Tribunal has no jurisdiction to condone it, and an application for condonation of such delay must be rejected and the appeal dismissed as barred by limitation.
Written by Miss Lucy from the judgment below, not taken from a headnote.
Judgment
As delivered
Warana-Agro Pvt. Ltd. & Anr. ...Appellants
Versus
Sadashiv Shankar Patil & Ors. ...Respondents
Present: For Appellants: Mr. Prashant S. Kenjale and Mr. Nishant, Advocates
ORDER
03.10.2018 This appeal has been preferred by the appellant against the
order passed by the National Company Law Tribunal, Mumbai Bench, Mumbai
in an application filed under Section 397 and 398 of the Companies Act, 1956
(Section 251 and 252 of the Companies Act, 2013). Learned counsel for the
appellant sought permission to make necessary corrections in the paper book
and making the appeal under Section 421 of the Companies Act, 2013. Prayer
is allowed. He is allowed to make necessary corrections in the paper book and
cover page. Office is directed to provide with Company Appeal (AT) number
under the provisions of the Companies Act.
2. This appeal has been preferred by the appellant (respondent) against the
order dated 22nd December, 2017 with a petition for condonation of delay. From
the impugned order, we find that the certified copy of the impugned order has
been served on the appellant on 31st January, 2018 but in spite of this fact the
appellant has filed the appeal on 29th August, 2018. As per sub-section (3) of
Section 421 of the Companies Act, 2013 the appeal has to be filed within forty-
five days from the date of receipt of the order on showing sufficient cause and -2-
grounds. The Appellate Tribunal has jurisdiction to condone the delay but not
exceeding forty-five days.
3. In the present appeal we find there is a delay of 244 days and the Appellate
Tribunal having no jurisdiction to condone such period, the prayer for
condonation of delay is rejected.
4. At this stage, learned counsel for the appellant submits that in Consumer
Protection Act matter has been referred by the Hon'ble Supreme Court to larger
Bench but in view of the specific provision, we cannot allow the application for
condonation of delay. I.A. No. 1570 of 2018 is rejected being barred by limitation.
5. The appeal is accordingly dismissed being barred by limitation. No cost
[Justice S.J. Mukhopadhaya] Chairperson
[ Justice Bansi Lal Bhat ] Member (Judicial)
/ns/gc/
Company Appeal (AT) No. 339 of 2018
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